rosenyDec 31, 2021 · 3 years ago2 answers How does the current dollar rate affect the price of Ethereum?
Can you explain how the current exchange rate of the US dollar impacts the value of Ethereum? I'm curious to know how these two factors are related and if there is a direct correlation between them. Does a stronger dollar lead to a decrease in Ethereum's price, or is it the other way around? How does the fluctuation in the dollar rate affect the overall demand and supply dynamics of Ethereum? Please provide some insights into this complex relationship.